What should the future of the Internet be like when Silicon Valley employees flee the big factory and rush to Web3| Footprint Analytics

Jan.2022, [email protected]

Data Source: Footprint Analytics

Former social giant Twitter Spaces Chief data scientist Julien Gaillard stay Twitter Announce , He will leave the social media giant , As a DeFi Lending magnate Aave Head of data science .

Source: Twitter

before ,Aave The founder of Stani Kulechov To express to the outside , We are thinking about building a Twitter, establish Web3 A decentralized social platform .Julien Gaillard say ,Web3 Its core value lies in its decentralization 、 innovation 、 Fairness and experimentation , Lies in its open source and transparency .

meanwhile ,Facebook（ Now it's called Meta） Cryptocurrency project leader David Marcus Also in the 2022 year 1 month 1 The day began Their own Web3 Venture project .

another Meta staff Evan Cheng Also left last September , Establish focus on doing Blockchain infrastructure MystyLab. He was in interview Disclosed , Eighty percent of the staff in his team are from Web2 Internet industry of .

Web3 The world of

Web3 It's an idea of a new iteration of the World Wide Web , The core of development based on blockchain technology is decentralization 、 Delegate power to the people .

web1 It is a static read-only network ,Web2 It is a social network that everyone can contribute , and Web3 It is a distributed decentralized network .

Although for the moment Web3 The specific concept of is still a little vague , But generally speaking , Will be Web2 It belongs to the management right of the Internet company 、 Supervision power through discussion — The proposal — vote — The form of implementation is more widely distributed . The decision-making power will be allocated to every Internet participant , Participants decide the direction of the Internet platform or project .

Blockchain, a distributed technology, is Web3 At the heart of .

according to Footprint Analytics The data of , The total market value of the global encryption market has doubled in the past year , At present, more than 2 Trillions of dollars . The blockchain world is developing rapidly .

Footprint Analytics - Crypto Market Cap

Blockchain originated from bitcoin ,2008 Born in Nakamoto's thesis 《 The currency : Peer to peer e-cash system 》(Bitcoin: A Peer-to-Peer Electronic Cash System) An electronic payment system that does not rely on credit intermediaries . Because of the distrust of the centralized regulatory system and the financial system , Bitcoin chooses to put trust in a distributed 、 Decentralized public ledger , Decentralized consensus mechanism —— Block chain , In this way, it can not be audited by centralized institutions .

As the pioneer of blockchain technology application layer , Decentralized Finance （DeFi） Is the Internet moving towards Web3 An important step . so far , In the application layer of blockchain Technology , Decentralized Finance （DeFi） The field is still dominant .Footprint Analytics The total lock up volume of decentralized financial projects in the past year is counted （TVL）, From it we can see that , since 2020 Since then , More and more funds are flowing into the decentralized financial sector , Decentralized finance has ushered in great development .

Footprint Analytics - DeFi TVL

The gradual maturity of blockchain Technology , Blockchain application projects similar to decentralized finance have also made remarkable achievements , Decentralized autonomy （DAO） It is widely used in blockchain projects ,NFT、 Yuancosmos and other circuits have witnessed explosive growth , Data cloud storage is becoming more and more mature, and people gradually want to promote this constraint on centralized rights to all aspects of the Internet , Promote the Internet to Web3 Direction of development .

Web3 What problem to solve ？

At present Web2 Time , The online world is controlled by a few large Internet companies ,Twitter、Youtube、Facebook The recommendation mechanism of most contents is determined by big data algorithm , It also largely determines the rules of speech . therefore , People are right. Web2 Gradually dissatisfied with the privacy and speech issues , Intended to escape the speech environment controlled by a few technology companies .

• Privacy issues

Technology companies collect a lot of user data , It is mainly used to improve its content recommendation mechanism and provide better services for users . But at the same time , Data security and personal privacy issues have caused concern .2018 year , Cambridge analysis, a British consultancy, was exposed without Facebook Obtain the personal data of millions of users with the consent of users , Used to help the previous US election . This has caused users' great mistrust of centralized technology companies .

2021 year 11 month , A poll conducted by the Washington Post Show ,72% The people of don't believe it or don't trust it at all Facebook.

at present , For similar data and privacy abuse, government legislation is mainly used to solve , But when the public trust in the government also decreases , Perhaps decentralizing power is the better way .

stay Web3 field , People save data through distributed data storage , Avoid personal data being used by centralized institutions . at present , Some projects have been tried , such as Decentralized storage Arweave, Built specifically for data privacy Secret Network wait .

• free speech

2021 year 1 month , Twitter blocked the account of former US President Donald Trump , The reason is incitement to violence , This has also triggered a worldwide discussion on freedom of speech .

The core of these discussions is , Does a social media company have the right to censor speech by itself . But if Web3 The era is really coming , If rights can be distributed to every Internet user , Will the world have a freer network environment ？

Lead to Web3 The problem of

• Whether capital is willing to give up the power of centralization

On the way to Web3 On the road , One of the difficulties is ： People can really work with technology giants , Or capital confrontation , Get rights ？

obviously , Quite a few people don't believe it .2021 year 12 month 21 Japan ,Twitter Founder and Block CEO Jack Show on twitter , He believes that people cannot have Web3, Capital can be owned .

Source: Twitter

Web3 Technology and capital are needed , Do technology giants and venture capital companies find decentralization meaningful , Critical to the evolution of the Internet .Web3 The final form of depends largely on the attitude of technology and capital . Only with the support of technology and capital ,Web3 This new form of Internet can be formed faster .

• Web3 The threshold of entry is much higher than Web2

In addition to questioning capital and technology giants , The high threshold of blockchain is also one of the things people are worried about . end 1 month 18 Day zero ,DeFi The total number of users is 436 ten thousand , This gap with the traditional financial field largely stems from the high threshold in the blockchain field . Compared with the traditional finance which has already developed well ,DeFi More difficult to get started .

The same is true in other areas of the blockchain application layer . After people adapt to centralized technology companies , It always takes time to accept new platforms and systems .Web2 The advent of the era has lowered the threshold of contribution in the network , Let everyone contribute content on the Internet . differ Web2 The low threshold for everyone to join the network , So far , In terms of access threshold ,Web3 More efforts are needed .

There are active preachers in blockchain and bitcoin to spread knowledge and ideas .Web3 How long will it take , I still need to see Web3 The actions of the preachers and the development of Technology .

Web3 The future of

Whereabouts Web3 The journey is still far away , We need each of us to believe in open source 、 transparent 、 The spirit of equality to promote . Although at present Web3 It's still in its infancy , But a crowd Web3 Supporters are trying to preach , Building infrastructure . I believe that the era of Internet users having more rights will soon come .

 

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